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    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 2: Debits and Credits: Analyzing and Recording Business Transactions
  5. Question
    The Beginning Balance in Cash Was $400
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The Beginning Balance in Cash Was $400

Question 81

Question 81

Multiple Choice

The beginning balance in Cash was $400. Additional cash of $800 was received. Cheques were written for $700. The Cash balance is


A) $900 debit.
B) $500 debit.
C) $500 credit.
D) $800 credit.

Correct Answer:

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